TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Apple and Spotify.
) has benefited from a steady IT spending environment amid the consistently high digital transformation across industries. The company recently posted its fiscal fourth-quarter results last week, where earnings beat consensus estimates and the dividend was hiked.dug into the results and noted that rapid growth in advanced solutions and high-growth technologies were major positives.
Looking forward, the analyst sees a largely upward trend in growth, albeit a few hiccups. "The key growth driver in the first half of fiscal 2023 should be advanced solutions and high-growth technologies and in the second half should be PCs and peripherals and high-growth technologies.
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